Q: This ETF has been in a steady decline since I bought it some 18 months ago and I now have a 16 % loss in my RRIF. Please discuss the dynamics of this etf so that I may make an informed decision as to hold or sell. I do like the income and the high yield ,( but unfortunately the yield keeps going higher !). Thanks. Derek.
5i Research Answer:
HPYT sells call options on its securities holdings, which consist mostly of 20-year US treasury...